BLACK TIE INC. (ME) - 2020 PPP Loan Borrower Profile (# 3025248308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLACK TIE INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maine.

Loan Detail

Loan Number

3025248308

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$331,700

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$334,593.16

Date Loan was Forgiven

Dec 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

331,695

Lender

Gorham Savings Bank

Business Detail

Business Type

Corporation

NAICS

722320

Borrower Location

Portland, ME

Project Location

Portland, ME

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.